================================================================================
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
MARCH 17, 2003
(Date of report; date of
earliest event reported)
COMMISSION FILE NUMBER: 333-75464
CAPITAL AUTO RECEIVABLES, INC.
ON BEHALF OF
CAPITAL AUTO RECEIVABLES ASSET TRUST 2003-1
(Exact name of registrant as specified in its charter)
DELAWARE 38-3082892
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
C/O GENERAL MOTORS ACCEPTANCE CORPORATION
200 RENAISSANCE CENTER
P.O. BOX 200 DETROIT, MICHIGAN
48265-2000
(Address of principal executive offices)
(Zip Code)
(313) 556-5000
(Registrant's telephone number, including area code)
================================================================================
ITEM 5. OTHER EVENTS.
On March 17, 2003, the principal and interest collected during the preceding
calendar month as provided for in the Trust Sale and Servicing Agreement, dated
as of January 15, 2003 (Agreement), among General Motors Acceptance Corporation,
as servicer, Capital Auto Receivables, Inc, as seller, and Capital Auto
Receivables Asset Trust 2003-1, as issuer, were distributed to holders of notes
(Noteholders) and certificates (Certificateholders) representing undivided
interests in Capital Auto Receivables Asset Trust 2003-1. In accordance with the
Agreement, the Servicer's Certificate, as defined in the Trust Sale and
Servicing Agreement, was furnished to the Indenture Trustee, as defined in the
Agreement, for the benefit of the Noteholders and Certificateholders and as
such, was distributed by the Indenture Trustee to the Noteholders and
Certificateholders. A copy of the Servicer's Certificate is included as Exhibit
20.1 to this Current Report on Form 8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
EXHIBIT
NO. DOCUMENT DESCRIPTION
--- --------------------
20.1 Monthly Servicing Report for the February 2003 Collection Period
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CAPITAL AUTO RECEIVABLES ASSET TRUST 2003-1
By: GENERAL MOTORS ACCEPTANCE CORPORATION
(Administrator, not in its individual
capacity but solely as Administrator
on behalf of the Trust)
Dated: March 24, 2003 By: /s/ Jerome B. Van Orman, Jr.
-----------------------------
Name: Jerome B. Van Orman, Jr.
------------------------
Title: Vice President - Finance
-------------------------
3
INDEX TO EXHIBITS
EXHIBIT
NO. Document Description
--- --------------------
20.1 Monthly Servicing Report for the February 2003 Collection Period
4